Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Rectification (common mistake)
  • 6 May 2024

    TANG KWAI CHEUNG v. YEUNG SZE TING

    Citation
    [2024] HKCA 383
    Court
    Court of Appeal
    Case number
    CACV474/2022

    On objective analysis the SPA as signed, including Clause 35(c), reflected the parties' binding agreement; there was no continuing common intention or outward expression to exclude Clause 35(c) so rectification failed; the January 2019 payment was unrelated to Clause 35(c) so no estoppel or waiver; Clause 35(c) did not require tender of deposits as a precondition to rescission and the Rescission Letter validly exercised the unilateral right; implied term to procure completion by alternative means would contradict express conditions and was refused; therefore the Recorder's decision was upheld…